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Genting Sing
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Genting SP Next Move
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Juz_Invest
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04-Nov-2013 17:47
Yells: "Price Up = Dont Be Happy! Price Down = Dont Be Sad." |
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Genting Singapore Q3 EBITDA rises 20 pct to S$335 mln on year
SINGAPORE, Nov 4 (Reuters) - Genting Singapore PLC said its core earnings in the third quarter rose 20 percent from a year earlier, as both gaming and non-gaming businesses improved. The company, which is controlled by Malaysia's Genting Bhd , said its earnings before interest, tax, depreciation and amortisation (EBITDA) rose to S$335 million from S$322 million in the previous quarter. Gaming revenue climbed 15 percent on increased visits and new VIP business, and non-gaming revenue posted a 27 percent gain from a year earlier, the company said. Genting Singapore is seriously pursuing opportunities in the region, while a tight local labour market and strong Singapore dollar are a challenge to the company's operations in the city-state, it added. Genting Singapore's Resorts World Sentosa and Las Vegas Sands' Marina Bay Sands are the world's most profitable casinos, though tougher rules on gambling activities in Singapore and tepid growth in business from Chinese high-rollers are weighing on business.
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Shirleyfong88888
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16-Oct-2013 11:30
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🙏
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meltconsultancy
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16-Oct-2013 10:55
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Let pray for genting sp to break the 1.50 barrier this week |
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shroomfarmer
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11-Oct-2013 10:29
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pushing up again! |
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chinastar
Senior |
09-Oct-2013 13:17
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Indeed, heading north:)
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New123
Elite |
08-Oct-2013 13:57
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may be $1.55 - $1.60 soon
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Redstar8730
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29-Sep-2013 13:50
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There are a lot of stock TP is higher than what they should. Thats the stock market. Otherwise might as well ppl just buy stock base on the company earning and the TP will stay flat. Personal view is that it is moving upward & soon will stay between 1.50-1.60 in short term till the next phase..come from the qtrly earning result. Let's bet!! | ||||
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happyharvest
Senior |
29-Sep-2013 03:41
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possible next year?
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Sealteam6
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28-Sep-2013 18:15
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Priced at 35-36x FY12 earnings, with flattish earnings expectation through FY13. It is the most expensive gaming stock in the world. Even Las Vegas is priced at 30x FY12 earnings w better growth outlook from its sands china. With rising cost due to workers permits & slowing tourist attraction, it better don't disappoint in its coming earnings. There is a lot of hope in it considering Macau gaming operators in their 20-30x and Las Vegas in its 20x this financial year earnings. It's only until next year mid b4 Japan gaming bidding starts if the Japanese pass the bill on 1st meeting without any debating which delay the outcome of this gaming legistration. Anyway, the rest of the global gaming stocks are moving up to catch up the valuation of genting sp. with so much competition w the more experience gaming giants, it's quite interesting to see how long genting can hold onto this premium valuation w the only revenues from its resort world. It's jus a thought. When we go ard the gaming industry, it's Macau strip that has more potential. Japan mayb? But that's provided genting wins the bid. Just a food for thought
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hlfoo2010
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28-Sep-2013 18:12
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Rich Chinese TA MAs go casino gamble. Japanese TA MA save in the bank ??? |
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Goldfinger
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28-Sep-2013 16:20
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Possible I think, if they bid and in the excitement in the run up to any Japan or Korea casino tender maybe? | ||||
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happyharvest
Senior |
28-Sep-2013 15:58
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Will we see $2 again? lol
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New123
Elite |
28-Sep-2013 11:45
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is moving up . May attempt to breakout $1.50 soon.
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Redstar8730
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26-Sep-2013 20:52
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Finally It's heading up again...soon will break the psychological resistance of 1.50 & move 1.515, once break... Woohoo.. | ||||
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oldflyingfox
Master |
25-Sep-2013 16:12
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Just saw a news from wan bao that a rich man spend 100k to book the Marine Life Park for his son's wedding dinner. That is another way for RWS to generate profit. | ||||
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dicksonh
Veteran |
19-Sep-2013 11:10
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wah....someone blocking it from climing! | ||||
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New123
Elite |
19-Sep-2013 08:10
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gap up $1.50 and perhaps $1.60 next
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New123
Elite |
16-Sep-2013 17:15
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tmr $1.50 lai liao..
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New123
Elite |
14-Sep-2013 22:39
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crossing over $1.50 this wk and go higher.. | ||||
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GorgeousOng
Elite |
13-Sep-2013 08:47
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Boy boy , You still hug your bride tight tight？ Huat buay lia arh！ Cheers!!!
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